What were the effects of non cooperation on the economic front History cbse class 10th

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What were the effects of non cooperation on the economic front? - History- cbse - class 10th

Appeared in CBSE Board 10 2017

Asked On2017-06-19 08:32:41 by:Amogh

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Amogh

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(i) Foreign goods were boycotted, liquor shops picketed and foreign cloth burnt in huge bonfire.

(ii) The import of foreign cloth halved between 1921 and 1922, its value dropping from Rs. 102 crore to Rs. 57 crore.

(iii) In many places, merchants and traders refused to trade.

(iv) As the boycott movement spread and people began discarding imported clothes and wearing only Indian ones, production of Indian textile mills and handlooms went up.

Answerd on:2017-06-20 Answerd By:prajwalamv

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Following are the economic effects of the non-cooperation movement:
• The economic effects of the non-cooperation movement were very significant. Foreign goods were boycotted, liquor shops were picketed and bonfires were lit of foreign cloth.
• The domestic textile mills and handlooms industry got a shot in the arm since people had begun to prefer Indian clothes over imported ones.
• Merchants and traders abstained from trading in foreign goods or finance foreign trade.
• Between 1921 and 1922, the import of foreign cloth dropped by half and its value also diminished

Answerd on:2019-06-18 Answerd By:avi738

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What were the effects of non cooperation on the economic front? - History- cbse - class 10th

Appeared in CBSE Board 10 2017

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